Which of the following defines Net sales revenue?
A)Sales revenue less Operating expenses
B)Sales revenue less Sales discounts
C)Sales revenue less Sales returns and allowances and Sales discounts
D)Sales revenue less Cost of sales

Question

Quizplus · Accepted Answer

Net sales revenue is calculated as the total sales revenue minus any sales returns and allowances as well as any sales discounts granted to customers. This leaves only the amount of sales revenue that the company actually received for its products or services.

Which of the Following Defines Net Sales Revenue